Coinbase to Snap up Solana-Based DEX Vector as Acquisition Spree Continues

CN
coindesk
Follow
1 hour ago


Coinbase is adding another Solana-focused piece to its growing trading empire with the acquisition of Vector, an on-chain trading platform built natively for Solana’s high-speed environment.

The companies didn’t disclose financial terms, but the deal is expected to close before the end of the year, according to a blog post.

Vector’s team and technology will be absorbed into Coinbase’s consumer trading division, where they’ll help accelerate support for newly issued Solana assets, improve order routing, and strengthen the exchange’s broader DEX-facing infrastructure.

Once the deal finalizes, Vector’s standalone mobile and desktop apps will wind down, though the Tensor Foundation — which oversees the Tensor NFT marketplace and its token — will continue operating independently.

The acquisition extends Coinbase’s rapid deal-making streak. This marks the exchange’s ninth purchase of 2025 following deals to buy Echo for $375 million and options exchange Deribit for $2.9 billion among others.

The Vector deal comes as Solana's cumulative DEX volume crosses the $1 trillion market this year, with Coinbase seemingly intent of expanding across an ecosystem that was buoyed by memecoin mania at the turn of the year.

Coinbase framed the move as another step toward building an “everything exchange.” For traders, that could mean faster access to new tokens and smoother execution across Solana’s fast-moving markets.

The company says more integrations are on the horizon as it continues expanding its on-chain trading capabilities.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink